Nature and Artifact Markets of Real Estate Value: What do the Market Accept?

Kaarel Sahk, Peeter Torop, Ka Sepp, Peeter Torop and Kalev Sepp

ERES from European Real Estate Society (ERES)

Abstract: The environment of real estate value will be drawn as a space describing its four sources connected with the four components of value. Similarly we may refer the four groups of factors influencing the nature of value and also the built up of them considering market based expectations of it. In this case we try to give a broad overview of the different markers that are characterized by the two basic aspects of their essence - the nature and artifact based one. Named approach will give to us a possibility to follow a different accession to the sustainability.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2007-01-01
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